Weekly Market Recap Finally, after rising persistently and vertically in the last four weeks, bulls faced an occlusion. The upside momentum was so high as NIFTY easily managed to cross the key resistance level of the upper band of the channel, though it couldn’t...

Weekly Market Recap In yet another strong week, indices continued to move higher and signal the end of the correction period or a cyclical bear market that started in October last year from its peak. I think the gain occurred preceding the news of a slight easing of...

Weekly Market Recap As expected, the bull run in stocks continued to carry on this week, though we saw a sharp knee-jerk reaction on the weekly expiry day on Thursday, however, NIFTY managed to recover and closed near the high point of the week. Growth stocks, in...

Weekly Market Recap Wow...!! What a Week it was! The NIFTY recorded its strongest monthly and weekly gain in the past two years that ended with a bang. The upsurge in stock prices fired up which helped the indices to recoup their last four-month losses. This is...

Weekly Market Recap For the last two weeks, I have been writing that it is quite likely that the market may gain significantly from the then-current level as I found enough evidence to claim that selling absorption at the lower level was one of them. This week, the...